In order to accurately calculate an employee's pay, it isimportant that payroll clearly understands...

50.1K

Verified Solution

Question

Accounting

In order to accurately calculate an employee's pay, it isimportant that payroll clearly understands the different types ofemployee remuneration. In your own words, list and define the fourcategories of employment income, providing an example (other thanregular pay) for each category.

Answer & Explanation Solved by verified expert

4.1 Ratings (482 Votes)

Answer Profit ordinarily allude to after expense net pay income and the principle predominant of offer cost since income and the conditions identifying with them can demonstrate whether the business will be beneficial or fruitful over the long haul profit are maybe the absolute most concentrated number in organizations money related proclamation since they demonstrate an organizations benefit contrasted with expert gauges and friends direction Income are the measure of benefit that an organization produces amid a particular period which is generally characterized as a quarter or year each quarter expert sit tight for the profit of the organization they pursue to be discharged profit are examined in light of the fact that they speak to guide connect to organizations execution an organization that beats evaluates in outflanking its associates does the COE will be applauded and the board will Pat itself on the back There are diverse See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

In: AccountingIn order to accurately calculate an employee's pay, it isimportant that payroll clearly understands the...In order to accurately calculate an employee's pay, it isimportant that payroll clearly understands the different types ofemployee remuneration. In your own words, list and define the fourcategories of employment income, providing an example (other thanregular pay) for each category.